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Tag "NEITI"

NNPC, NEITI resolve audit issues in previous reports

    NNPC, NEITI resolve audit issues in previous reports

Some audit issues raised against the Nigerian Petroleum Corporation (NNPC) in past reports of the Nigeria Extractive Industries Transparency Initiative (NEITI) have been fully resolved. In a statement on Tuesday,

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Naira devaluation pushes FAAC disbursement to N2trn in Q3 — highest in 2020

    Naira devaluation pushes FAAC disbursement to N2trn in Q3 — highest in 2020

The federation accounts allocation committee (FAAC) disbursed a total of N2.054 trillion to the three tiers of government in the third quarter of 2020. This is contained in the quarterly

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NEITI to launch books on mining impact, management 13% derivation allocation

    NEITI to launch books on mining impact, management 13% derivation allocation

The Nigeria Extractive Industries Transparency Initiative (NEITI) has announced plans to launch two publications that have a direct impact on revenue management and governance of Nigeria’s extractive sector.  According to

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NEITI: FAAC quarterly disbursement declining since Q3 2019

    NEITI: FAAC quarterly disbursement declining since Q3 2019

Allocations paid to the three tiers of government by the federation accounts allocation committee (FAAC) have dropped three consecutive times since the third quarter (Q3) of 2019. This is contained

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Waziri Adio asks n’assembly to amend NEITI Act

  Waziri Adio asks n’assembly to amend NEITI Act

The Nigeria Extractive Industries Transparency Initiative (NEITI) has asked the national assembly to amend its establishment act to enable it

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INTERVIEW: RemTrack will shine the light on darkness in extractive industry, says OrderPaper ED

  INTERVIEW: RemTrack will shine the light on darkness in extractive industry, says OrderPaper ED

Available records show Nigeria’s crude oil production capacity stands at 2.2 million barrels per day even as the country has traditionally

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NEITI: Recurrent expenditure of 21 states higher than their FAAC allocations

  NEITI: Recurrent expenditure of 21 states higher than their FAAC allocations

A new report published by the Nigeria Extractive Industries Transparency Initiative (NEITI) has shown that the recurrent expenditure of 21

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App to promote transparency in extractive industry unveiled in Lagos

  App to promote transparency in extractive industry unveiled in Lagos

RemTrack, an application developed to enhance transparency in Nigeria’s extractive industry, has been unveiled. The application, designed and developed by

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Here comes the app to promote transparency in extractive industry…

  Here comes the app to promote transparency in extractive industry…

RemTrack, an application developed by civil society organisations to enhance transparency in Nigeria’s extractive industry, will be launched on December

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PHOTOS: Magu receives Waziri Adio at EFCC HQ

  PHOTOS: Magu receives Waziri Adio at EFCC HQ

Waziri Adio, executive secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), paid a courtesy visit to Ibrahim Magu, acting

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